World Bank Archives - Rethinking the Dollar

Lebanon: First Country To Enter Hyperinflation In 2020

Jul 30, 2020 | Economic Collapse

Lebanon could face its biggest crisis since its Civil War, economists are warning as the country’s currency hits new lows. Lebanon is now the first country in the Middle East and North Africa to see its inflation rate exceed 50% for 30 consecutive days,...

IMF and World Bank Look To Profit Off Global Pandemic

Mar 2, 2020 | Economy

The IMF and World Bank on Monday said they “stand ready to help” countries deal with the financial and health effects of the coronavirus, suggesting that a global response could soon be forthcoming. “We are engaged actively with international...

De-Dollarization By Default Is Not What You Might Think

Jan 16, 2020 | News

Last month, a group of central bank governors from across the South Pacific region gathered in Australia to move forward the idea of a KYC utility. If you haven’t heard of KYC, or know your customer, it is a growing legal requirement that is being and has been,...

UN Head Demands Immediate Fiscal Stimulus To Save World From Crisis – Central Banks Are Out Of Ammo

Oct 20, 2019 | News

More and more global leaders sound the alarm that the world economy is headed for a difficult period in 2020. Unlike several years ago, leaders across the world are now calling for immediate deployment of fiscal stimulus, but not monetary stimulus, a sign that...